Fagan Financial Report - A reflection on this “Super Thursday”

June 7, 2017
The combination of the UK Election results, the Comey Testimony and the European Central Banks meeting has pundits calling today "Super Thursday". The belief by many is that the total weight of these three events could have a major impact on investor sentiment, and therefore, the Stock Market.
This seems like the perfect day to revisit a post we wrote on Sept. 6, 2016, amidst the Brexit hysteria and wild speculation on what a Trump victory in Nov. would have on the markets and the economy.
Dates and events change. Sound financial principles and discipline should not.

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The views expressed represent the opinions of Fagan Associates and are subject to change. These views are not intended as a forecast, a guarantee of future results, investment recommendation, or an offer to buy or sell any securities. The information provided is of a general nature and should not be construed as investment advice or to provide any investment, tax, financial or legal advice or service to any person.

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Any investments presented may be examples of securities held, bought and/or sold in Fagan Associates’ client portfolios. These investments may not be representative of the current or future investments of those portfolios. You should not assume that investments in the securities presented were or will be profitable. Investing in securities is speculative and carries a high degree of risk.  Past performance is no guarantee of future results.

Fagan Associates, or one or more of its officers or employees, may have a position in the securities presented, and may purchase or sell such securities from time to time.


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